Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Labour charge 100000  deduction tds 5%

Answer Posted / ajit sharma

tds 5 % not applicable for labour contractor and entry is labour charges dr 100000
to tds 2000
to contractor 98000

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you know what is double-entry accounting? Explain with an example?

1063


IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

2214


Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

1867


how to pass journal entries for reverse tax on input tax paid

2781


what is the primary of for-profit organisation

1953


Explain what makes a successful account manager?

1086


what are the voucher entries in tally for medical insurance

2348


Imagine you have to solve problems for multiple clients at the same time. How do you prioritize?

1230


we can transfer stock between two firms with same name but prop. is different.

2117


What was your most complicated sales cycle in past positions?

1353


Why have you applied to our firm?

1172


Do you know marginal cost?

1110


what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

1586


If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4977


Private purchases amounting to rs 5000 have been debited to purchases account

1541